Social costs are the additional costs to society of external factors such as the pollution in the air, ground or water as the result of a production process. | Microeconomics

Title

Social costs are the additional costs to society of external factors such as the pollution in the air, ground or water as the result of a production process.

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Social costs are the additional costs to society of external factors such as the pollution in the air, ground or water as the result of a production process.

Subject: 

  • Economics

Category: 

  • Microeconomics